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HomeMy WebLinkAboutCC Reso No 2018-026 Amending Fiscal Year Annual Operating Budget 2017-18RESOLUTION NO. 2018-026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AMENDING THE FISCAL YEAR (FY) 2017-18 ANNUAL OPERATING BUDGET FOR MID -YEAR ADJUSTMENTS Whereas, the City Council has a policy of adopting an annual operating budget to plan expenditures and to match anticipated revenues available in various City accounts in order to make the most efficient use of the City's limited resources for each fiscal year; and Whereas, the City of Lake Elsinore Municipal Code Section 3.04.010 defines the fiscal year for the City of Lake Elsinore as extending from July 1 St of each year to and including June 30th of the following year. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The City of Lake Elsinore FY 2017-18 Mid -Year Annual Operating Budget is hereby approved as amended for the 2017-18 FY per attached Exhibit A. Section 2. This Resolution shall take effect from and after the date of its passage and adoption. Passed and Adopted on this 13th day of February 2018. ha Johnson Attest: Susan M. Domen, MMC City Clerk STATE OF CALIFORNIA } COUNTY OF RIVERSIDE } ss. CITY OF LAKE ELSINORE } I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2018-026 was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of February 13, 2018, and that the same was adopted by the following vote: AYES: Council Members Hickman, Magee, Tisdale; Mayor Pro -Tem Manos and Mayor Johnson NOES: None ABSENT: None ABSTAIN: None Susan M. Domen, MMC City Clerk